Iconic Minerals Ltd. is pleased to announce that it has received geochemical results for sediments from two core holes at the Bonnie Claire Lithium Deposit in Nevada. Both drill holes contain intercepts of +1,000 ppm lithium and continue to show that results are consistent with those from prior drilling. Sediment geochemical analysis was done by ALS Chemex of Reno, Nevada. Core hole BC2001C intersected 67 meters averaging [...]
Iconic Minerals Ltd. is pleased to announce that it has completed two core holes at the Bonnie Claire Lithium Deposit in Nevada. A total of 221 meters of drilling was completed in the two vertical holes. Both NQ core holes had excellent recovery except in rare sandy beds. Dark green claystone, indicative of lithium bearing sediments, were intersected from 2.4 meters to total depth in both holes. The claystone is overlain [...]
Iconic Minerals Ltd. announces the grant, pursuant to its 10% Rolling Stock Option Plan that was ratified and approved by shareholders on February 26, 2019 and accepted for filing by the TSX Venture Exchange on March 7, 2019, of stock options to certain eligible directors, officers and consultants to purchase a total of 7,500,000 common shares. The stock options vest immediately and are exercisable, in whole or in part [...]
Iconic Minerals Ltd. is pleased to announce a spin-out transaction whereby Iconic will transfer its 50% interest in each of the New Pass and Midas South gold properties located in Nevada to a wholly-owned subsidiary of the Company . Iconic intends to distribute the common shares in the capital of SpinCo to the shareholders of Iconic on a pro rata basis and to apply to list the SpinCo Shares on the TSX Venture Exchange [...]
Iconic Minerals Ltd. is pleased to announce that it has mobilized a drill crew and drilling equipment to the Bonnie Claire Lithium Deposit in Nevada. The drilling contract was signed with Harris Exploration Drilling of Fallon, Nevada, for both core and RC drilling. The exploration program will consist of 3-5 vertical reverse circulation holes 90-120 meters in depth and 2 vertical core holes 90-120 meters in depth . The RC [...]
Iconic Minerals Ltd. that it has closed its non-brokered private placement issuing 20,000,000 units at CAD$0.05 per Unit for gross proceeds of CAD$1,000,000. Each Unit is comprised of one common share of the Company and one transferable common share purchase warrant , with each Warrant exercisable to purchase one common share of the Company for a period of two years from the date of closing of the Private Placement at a [...]
Iconic Minerals Ltd. announces the negotiation of a private placement for gross proceeds of up to $1,000,000 , subject to acceptance by the TSX Venture Exchange. These funds will be raised by the Company issuing up to 20,000,000 units , at a price of $0.05 per Unit, each Unit consisting of one common share and one share purchase warrant, each whole warrant entitling the holder thereof to purchase one additional common [...]
Iconic Minerals Ltd. is pleased to announce that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada. Iconic has received an update from St-Georges Eco-Mining Corp. regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic's Bonnie Claire lithium deposit in Nevada. Iconic is encouraged by this update and is sending [...]
Iconic Minerals Ltd. announces that it has entered into an agreement dated August 9, 2019 with Great Basin Resources Inc. , Eclipse Gold Mining Corporation and Hercules Gold USA, LLC , a subsidiary of Eclipse, in respect of the Hercules gold property located in Lyon County, Nevada . Iconic currently holds an option from Great Basin to acquire a 100% interest in the Hercules Project, and it owns certain exploration data [...]
Iconic Minerals Ltd. is pleased to announce that St-Georges Eco-Mining Corp. has presented a Phase I Independent Review of its Phase I report titled "Bonnie Claire Metallurgical Evaluation and Process Development" to Iconic. SX has developed Nitric Acid leaching methodology that puts between 99.97% and 100% of the lithium from the sediments into solution at room temperature within 1-4 hours. SX has reached the Phase 1 [...]
Iconic Minerals Ltd. is pleased to announce that it is preparing to mobilize to the Bonnie Claire project and initiate the 2019 exploration plan . Five drill holes averaging 90 meters depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults. Down-hole sediment samples will be collected continuously in 6 meter intervals and sent to a geochem lab [...]
Iconic Minerals Ltd. has finalized plans for its 2019 drilling program at Bonnie Claire. Five drill holes averaging 90 meters depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults. The purpose of the Drilling Program is to define shallow lithium mineralization which the Company can utilize for bulk sampling and extend the resource to the [...]
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